Home Insurance in Silver Creek, Nebraska
Homes in Silver Creek carry a median value of $98,600 - 44% lower than the Merrick County median.
The typical home in Silver Creek was built around 1963. About 43% of homes were built before 1960, in line with Merrick County (43%). Older homes can cost more to insure or rebuild because of aging wiring, roofing and plumbing.
Housing in Silver Creek breaks down to 96% single-family homes and 4% apartments in buildings with 5+ units.
53% of owner-occupied homes in Silver Creek carry a mortgage, and mortgage lenders require hazard insurance for as long as the loan is active.
About 77% of occupied homes in Silver Creek are owner-occupied. The vacancy rate is 8%; vacant or unoccupied homes typically need a different coverage form than an owner-occupied policy.
48% of homes in Silver Creek are primarily heated with propane. Homes heated with propane can carry added fire risk. Fuel-tank leaks and spills are often excluded from standard homeowners policies.
What's the biggest home insurance risk near Silver Creek? FEMA's National Risk Index points to hail (Relatively High) in Merrick County and Merrick County had 63 active NFIP flood policies as of September 2026. See the full Merrick County home insurance overview for all FEMA hazard ratings and flood coverage details.
The statewide average premium for a standard HO-3 homeowners policy in Nebraska is $2,142 per year, according to the NAIC homeowners insurance report (2023 data).
Key figures
| Median home value | $98,600 |
|---|---|
| Median year built | 1963 |
| Owner-occupied share | 77% |
| Share of owner-occupied homes with a mortgage | 53% |
| Top county hazard | Hail (Relatively High) |
| Active NFIP policies in Merrick County | 63 |
| Home insurance premium | $2,142 - statewide average (NAIC, 2023 data) |
Nearby towns
Sources
Data last updated: 2026-09-29
- U.S. Census Bureau Gazetteer Files (2024)
- U.S. Census Bureau, American Community Survey 2020-2024 5-Year Estimates (2024)
- FEMA National Risk Index (December 2025)
- FEMA OpenFEMA NFIP Redacted Policies v3 (2026)
- NAIC Dwelling Fire, Homeowners Owner-Occupied, and Homeowners Tenant and Condominium/Cooperative Unit Owners Insurance: Data for 2023 (published 2026) (2023)